What went wrong: Multiple chiller failures at an AWS data center in northern Virginia caused overheating, disrupting Coinbase and other services for hours. Who was affected: Coinbase trading halted ...

Coinbase says an AWS cooling failure caused a major outage that disrupted trading and delayed balance updates.

Coinbase says Amazon Web Services failures across multiple availability zones caused an extended outage on its platform.

Coinbase went offline for seven hours after an AWS data centre overheated in Virginia. The outage capped a week of 700 layoffs and a $394M quarterly loss.

Coinbase CEO Brian Armstrong said the crypto exchange has reduced unnecessary user account freezing by 82%, after identifying it as a “major issue.” In a June 6 X post, Armstrong acknowledged that ...

Recently, the American cryptocurrency exchange Coinbase found itself under attack by a squad of cyber criminals who, teaming with overseas Coinbase support agents, stole a small amount of customer ...